Defined Benefit (Pension) · DOL Form 5500 · 2024

First National Bank Pension Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
158
Participants Small participant base
67th
Percentile by assets National rank
$107,389
Avg per participant Below avg balance/head
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Official DOL plan name: Sba Master Defined Benefit Pension Plan for First National Bank · Sponsored by First National Bank · Virginia · Finance & Insurance

$17M in assets, 158 participants

First National Bank's Sba Master Defined Benefit Pension Plan for First National Bank reported $17M in total assets and 158 participants in its 2024 DOL Form 5500 filing, ranking in the 67th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #4,400 in Finance & Insurance (8,549 peers)

Coverage in Virginia

Sba Master Defined Benefit Pension Plan for First National Bank covers 158 participants in Virginia, about 20% of the average Virginia filer (state average ~782 per filing). Assets: $17M.

#4,400
in Finance & Insurance (8,549 peers)
+9.8%
assets growth YoY

Sba Master Defined Benefit Pension Plan for First National Bank's outsized position by total assets

Sba Master Defined Benefit Pension Plan for First National Bank vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$16,967,467 Top 33% higher than 67% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Sba Master Defined Benefit Pension Plan for First National Bank among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sba Master Defined Benefit Pension Plan for First National Bank sits mid-pack in the medium band (158 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sba Master Defined Benefit Pension Plan for First National Bank reported net income fell from $4M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Sba Master Defined Benefit Pension Plan for First National Bank end-of-year assets rose from $15M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Sba Master Defined Benefit Pension Plan for First National Bank reported participants rose from 148 in the plan year 2023 filing to 158 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 540211100 · First National Bank PY 2024 · Defined Benefit (Pension)

Sba Master Defined Benefit Pension Plan for First National Bank · $17M · 158 · 67th

  • RANK $17M
  • RANK 158
  • RANK 67th
  • RANK Defined Benefit (Pension)
  • RANK near Detrex Corporation Employees' Retirement Plan
  • RANK ind #4400

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Virginia →

Sba Master Defined Benefit Pension Plan for First National Bank in the asset neighbourhood

Pine Valley Golf Club, Inc. Retirement PlanPine Valley Golf Club, Inc. …$17MScripps/Journal Pension Plan (Albuquerque PublishiScripps/Journal Pension Plan…$17MRoofers Local No. 86 Pension FundRoofers Local No. 86 Pension…$17MSba Master Defined Benefit Pension Plan for First National BankSba Master Defined Benefit P…$17MDetrex Corporation Employees' Retirement PlanDetrex Corporation Employees…$17M
End-of-year total assets ($M) among Sba Master Defined Benefit Pension Plan for First National Bank and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$17M
Net Income$2M
Employer EIN540211100
Plan Effective Date1955-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First National Bank)

Sponsor-wide plan assets over time

All First National Bank plans reported in each filing year

Latest sponsor-wide plan assets
$29M 47.51326884437591% vs 2022
2024 filing year
$15M$20M$25M$30M$35M 202220232024 $20M $29.4M ▲ +47.5%
Year Plans Participants Total Assets
2022 2 321 $20M
2023 2 327 $25M
2024 2 334 $29M

Nearby Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sba Master Defined Benefit Pension Plan for First National Bank vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Sba Master Defined Benefit Pension Plan for First National Bank, Total assets ($B): 0.016967467 · Participants: 158Sba Master Defined Benefit Pension Plan for First National BankNorthrop Grumman Pension Plan, Total assets ($B): 18.781759216 · Participants: 12678Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 11.481735153 · Participants: 56633Retirement Security PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 8.902237059 · Participants: 63530Sheet Metal Workers' National Pension FundNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.398702873 · Participants: 6737Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 8.332769083 · Participants: 11758Dominion Energy Pension Plan
Sba Master Defined Benefit Pension Plan for First National Bank vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Sba Master Defined Benefit Pension Plan for First National Bank's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Detrex Corporation Employees' Retirement Plan in OH ($17M); by covered participants it is Gallo Pension Plan for Non-Union Employees in CA (158 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (158 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sba Master Defined Benefit Pension Plan for First National Bank assets move in 2024?
Sba Master Defined Benefit Pension Plan for First National Bank grew at a solid clip - up 9.8% during 2024, from $15M to $17M. Reported net income was $2M.
How have First National Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), First National Bank's sponsor-wide assets grew 47.5%, from $20M to $29M.
Which Defined Benefit (Pension) plans are similar in size to Sba Master Defined Benefit Pension Plan for First National Bank?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Detrex Corporation Employees' Retirement Plan in OH ($17M, 8 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sba Master Defined Benefit Pension Plan for First National Bank?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Gallo Pension Plan for Non-Union Employees in CA (158 participants, $32M in assets).